Cyber Security Terms
OSFI Self Assessments

What are OSFI Self Assessments?

OSFI self-assessments are security self-assessments by the Office of the Superintendent of Financial Institutions (OSFI). They help Federally Regulated Financial Institutions (FRFI) in Canada evaluate their security posture and identify critical vulnerabilities.

Key takeaways

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    OSFI also offers regulatory compliance support for Canadian financial entities.
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    OSFI self-assessments were created to address the expanding attack surface in the financial sector fueled by digital transformation.
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    OSFI's self-assessments are not mandatory but highly recommended to support compliance with Canada's financial regulations.
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